Oil benchmark Brent surged above $88 a barrel on Wednesday as concerns over escalating conflicts in the Middle East took center stage and overshadowed worries about...
Oil prices experienced a decline on Monday as investors remained focused on the unfolding situation in the Middle East, where diplomatic efforts are being heightened to...
Oil prices continued to surge on Friday, poised for their second consecutive weekly gain as growing concerns over the Israel-Gaza conflict potentially spreading throughout the Middle...
Oil prices experienced a 2% decline on Thursday following the United States’ decision to ease sanctions on Venezuela. However, apprehensions of Israel’s military campaign in Gaza...
Oil prices were stable in the early hours of Tuesday after declining by more than $1 on Monday amid rising global uncertainty in the wake of...
Oil prices have stood at the precipice of $100 per barrel as the Israel-Hamas conflict teeters on the brink of drawing in more nations, a possibility...
Engr. Simbi Wabote, the Executive Secretary of the Nigerian Content Development and Monitoring Board, disclosed at the 2023 Petroleum and Natural Gas Senior Staff Association Energy...
Nigeria’s crude oil production surged to 1.35 million barrels per day in September 2023, representing a 14% increase from August. According to the Nigerian Upstream Petroleum...
Saudi Arabia's Pledge to Stabilize Market Tempers Worries; Geopolitical Landscape Keeps Investors Cautious
Amid escalating military clashes between Israel and Hamas, oil prices experienced a rollercoaster ride, swinging between fear-driven surges and cautious retreats. Brent crude dipped by 36...
